Success stories

Olha Radinovych
Olha Radinovych founded a company with two other female friends 14 years ago, when each of them had only $100 in their pockets. At the time, their business idea seemed risky. Now, she is the director of the company, a Ukrainian manufacturer of orthopaedic and medical products. The company produces 87 kinds of orthopaedic products and more than 100 different compression knitwear products. The...
Andriy Mitchenko, one of the founders of Ecosoft
Ukraine
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“When I see the big yellow and blue flag every day on my water filter and the inscription ‘Made in Ukraine with pride’, it makes me proud,” says Olga, 35, from Kyiv. “In fact, it’s very satisfying that such high-quality goods are being produced in our country.” For three years, Olga’s family has been using the reverse osmosis cleaning system manufactured by Ecosoft. The proud Kyiv resident says...
New kilns have enabled Polissia to dry around 1500 cubic square metres of pine board per month
Ukraine
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Boosting the supply of credit to small and medium-sized enterprises is vital for jobs and growth, especially in Ukraine where SMEs account for over 90 per cent of businesses and employ two-thirds of the active working population. Thanks to EU support under the EU4Business initiative , in 2017 the European Investment Bank Group started a programme, which provides loan guarantees to local banks in...
Ukraine
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A useful tool for sales and a deeper understanding of clients. This was the experience of a Ukrainian businesswoman who took part in the Women in Business programme. A Google search on any company will often provide you with an interesting fact about it. In the case of Zabugor.com, a travel agency in Ukraine, the fact is that it is run by a woman. This really is an interesting fact. For almost a...
Rostyslav Vovk, co-owner of Kormotech in Lviv, feeds House, his West Highland White Terrier
Ukraine
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A Ukrainian company from Lviv has become a leader in the domestic market and established export sales to more than 20 countries. The EBRD’s business advisory programme, with support from the EU4Business initiative, has helped it to become more sustainable. Angel the Bobtail, Martin the Yorkshire Terrier and Berry the Beagle were the new unusual employees coming to work at the head office of the...
Ukraine
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Entrepreneur Andriy Soroka is relaunching his father’s farming business. A business loan under the EU4Business programme helped him take an important step on this path. A pizza with snails, fried potatoes with snails. Farmer Andriy Soroka shows dishes prepared with his produce on the screen of his phone. An Argentine restaurant in Kyiv took five kilograms of chilled molluscs and made two dishes...
A Lviv entrepreneur founded a company supplying one of the most attractive markets in the world – the European Union. New equipment purchased with an EU4Business loan will allow her to increase deliveries by 15%. “Show us the most beautiful equipment,” we ask Lviv entrepreneur Nataliya Nichoga before a photo shoot at her production facility. “The most beautiful is the one that works. And all of...
Natalya Lukyanchenko, director and founder of the school
The ‘Stupeni’ (‘steps’) school in Odessa has received a grant from the EU to conduct an energy inspection, after the private Waldorf school applied to the EBRD’s Advice for Small Businesses programme. After modernising the heating system, the classrooms will be much warmer in winter, and the maintenance of the building will cost half a million hryvnyas less a year. Teenagers perched in the...
Olga Radinovich is the General Director of Reabilitimed, a Ukrainian manufacturer of orthopaedic and medical products. Her company had been wanting to invest in new equipment from Germany for two years when she heard on the radio about EU4Business SME loans through the German Ukrainian Fund (GUF). Under the programme, 50% of the nominal interest rate set by the loan agreement is compensated for...
SuperMagnit LLC is a Ukrainian company producing souvenirs for the tourist market since 2006. It started with just a few employees, but has considerably developed in recent years. The company recently took out a loan as part of the joint programme of the German-Ukrainian Fund and Kyiv City State Administration for the compensation of interest rates on Kyiv SMEs’ loans, implemented with the...